Music Industry Trends Away From the Support of the Artist
Proximity to Present Music Downloading Trends in 2010 New Market/ New Media Conference
Proximity announced today that Matthew Wilson will be presenting at the Burkshire Marriott Conference Hotel in Towson on Monday, May 17, 2010. The topic will be, “Laying in Broken Glass is Wiser than Advertising on Rhapsody.” The growth of the music industry over the past decade has left potential investors puzzled as to how to target Gen-Y through music services and websites.
Here are some of the major changes that have affected the music industry in the past decade
- Digital files have virtually destroyed CD’s as a source of music for Gen-Y.
- Illegal downloading is the major source of digital music for Gen-Y. Threat of prosecution cannot curb Gen-Y’s illegal downloading habits.
- Subscription music sites rose quickly and have faded out just as fast.
"It is impossible to assume that, without professional help, that any business or individual can predict the music trends of Gen-Y." -Matthew Wilson
About Proximity
Proximity is a Gen Y on-demand media strategy group. Its analysts know how to connect with their generation using campaigns designed for the new media landscape. Because it is associated with Towson University, Proximity has immediate access to a large student population and the expertise of faculty who specialize in marketing and media research.
Proximity offers its clients a full range of services for developing and executing customized campaigns that can reach any segment of Gen Y. It regularly conducts on-line surveys and focus group sessions to keep marketers up to date on the social trends and emerging technologies that determine how this cohort communicates and what it purchases. Visit Proximity's blog at http://proximityblog.blogspot.com/ to read more about its take on the social media revolution.
For Immediate Release
Contact: Paul Miers (123)-456-7890
Music Industry Trends Away From the Support of the Artist
Proximity to Present Music Downloading Trends in 2010 New Market/ New Media Conference
Proximity announced today that Matthew Wilson will be presenting at the Burkshire Marriott Conference Hotel in Towson on Monday, May 17, 2010. The topic will be, “Laying in Broken Glass is Wiser than Advertising on Rhapsody.” The growth of the music industry over the past decade has left potential investors puzzled as to how to target Gen-Y through music services and websites.
Here are some of the major changes that have affected the music industry in the past decade
- Digital files have virtually destroyed CD’s as a source of music for Gen-Y.
- Illegal downloading is the major source of digital music for Gen-Y. Threat of prosecution cannot curb Gen-Y’s illegal downloading habits.
- Subscription music sites rose quickly and have faded out just as fast.
"It is impossible to assume that, without professional help, that any business or individual can predict the music trends of Gen-Y." -Matthew Wilson
About Proximity
Proximity is a Gen Y on-demand media strategy group. Its analysts know how to connect with their generation using campaigns designed for the new media landscape. Because it is associated with Towson University, Proximity has immediate access to a large student population and the expertise of faculty who specialize in marketing and media research.
Proximity offers its clients a full range of services for developing and executing customized campaigns that can reach any segment of Gen Y. It regularly conducts on-line surveys and focus group sessions to keep marketers up to date on the social trends and emerging technologies that determine how this cohort communicates and what it purchases. Visit Proximity's blog at http://proximityblog.blogspot.com/ to read more about its take on the social media revolution.